GMCR -Keurig Green Mtn -Daily -Down to LOW VOLUME SUPPORT

From the last chart I published where GMCR was right up against its last earnings report level, which was massive resistance AND from the giant top formation, GMCR has fallen to the lowest volume of trading level, which is very strong support.

Why is "LOW VOLUME" support? Because there were so many buyers at that level on the way up that the sellers cleared right out of the way. So, we would expect to see the buyers come back into the market here on the drop to support the stock.

Do you want to go long and risk SOME of your profits from the short? I think that makes sense. The partnership with KO (Coca Cola) delayed the release of a new product announcement for cold beverages, so that has put a chill on the stock.

Upside MAXIMUM is 103 where I show "GREAT RESISTANCE HERE TO SELL SHORT AGAINST"
Downside is 75 where I show "GREAT SUPPORT HERE TO GO LONG AGAINST"

How much do you buy? Enough to risk a small portion of your profits if it falls to 85. That is where I would get out of any longs here.

Tim 1:12PM EST Monday, May 18, 2015 90.11 BE READY TO SHORT AGAINST 103!!!